Answer:
503,049
Step-by-step explanation:
250,000 × 1.06^12 is the formula.
You take the percentage which is 6% and you add 1 to it.
So, you get 1.06
Then you take the 1.06 and raise it to the number of years which is 12.
1.06^12
Then you multiply that number to the base number which is 250,000 and get 503,049.
Hope this helps!
Answer:
7
Step-by-step explanation:
20 • 35% = 13 20-13=7
Answer:
Question 1 = 32.4ft Question 2 = 72ft Question 3 = 288ft
Step-by-step explanation:
Use multiplication.
Answer:
interest - $55,000
Step-by-step explanation:
$100,000 principal
11% interest rate (need to use 0.11)
? interest
5 years time
i = prt
= 100,000(.11)(5)
interest earned is $55,000
total money in account is $155,000